The liklihood of the UK remaining in the EU has been cut from 75% to 65% by Bookmakers after the events of the last few days. The referendum date has been set for June but the deal agreed by PM Cameron on Friday night has been less-than-rapturously received and at least 6 of his own cabinet ministers will now actively campaign for the Brexit.
We are all going to become poll-watchers again but I favour the downside overall in the GBP over the next few months, especially on the crosses. Selling rallies is the safe play and look for volatility to increase sharply if the polls start getting tight and the vote-date nears.
The post Brexit: Date is set but uncertainty prevails- more downside likely appeared first on www.forextell.com.